Description

About the Mission Investment Fund 

The Mission Investment Fund (MIF), a financial ministry of the Evangelical Lutheran Church in America, supports the establishment and growth of ELCA congregations, synods, and affiliated ministries by providing loans for capital projects for congregations and ministries. To fund these loans, MIF offers a variety of investments to ELCA members, congregations, and ministries.

The ELCA Federal Credit Union (FCU), a financial ministry of the Evangelical Lutheran Church in America, offers financial products and services to ELCA members, pastors, congregations, synods, affiliated ministries, and their employees. The portfolio of products includes low-cost loans, deposit accounts, credit cards, and other financial products, services, and solutions within a not-for-profit, cooperative structure.

About the Position:

The Vice President is responsible for identifying, managing, and maximizing the business impact of partnerships and programs with Social Ministry Organizations (SMO) and other real estate providers serving ELCA and communion partner congregations, parishes, and ministries. The primary objective will be developing/retaining investments, loans, and fee income opportunities across target segments.

Chicago-based – Hybrid ( 2-3 days/week in office)

This is a full-time, regular, exempt position.

Salary: Commensurate with qualifications and experience. Minimum: $150,000

Benefits: 

The MIssion Investment Fund offers a competitive benefits package for eligible employees, including a choice of health plans with employer paid health premiums for employees and dependents; tax-advantaged accounts (FSA/HSA-includes employer contribution) life insurance, and a substantial employer contribution to 403b retirement plan (no match required). We also offer a generous paid time-off policy including 11 paid holidays. All benefits commence on your start date.

Responsibilities:

1. Identify, quantify, and prioritize target relationships across SMO and real estate provider segments. Develop outbound calling plan with key performance indicators (KPI’s) to define success. Execute calling plan to develop new and existing relationships to drive investment and loan balances and fee income. Develop and deliver proposals to increase MIF revenue.

2. Identify new products, services, and/or programs that can be packaged and scaled for target segments and create market differentiation for MIF. Prioritize opportunities, develop business cases for budget and resource investments and align operating units towards common business development goals.

3. Work with the deployed staff in each region to uncover local SMO, real estate, and synod-specific partnerships.

4. Represent MIF at various churchwide and ecumenical partner functions, sharing the vision and mission of MIF.

Requirements

1. Bachelor’s degree required. MBA preferred or equivalent experience in business administration, marketing, sales or related field; minimum of 8 years of progressive senior experience in business development, partnership management and related functions.

2. Proven experience in providing strategic guidance and operational oversight in the business development area.

3. High degree of personal integrity and strong ability to work collaboratively and effectively in a fast-paced, flexible, team-based environment.

4. Proven ability to establish strategic partnerships in rapidly changing industries and with large, complex partners.

5. Ability to function both independently and collaboratively in a deadline intensive environment, managing multiple responsibilities while effectively focusing on priority issues.

6. Strong understanding of the ELCA at all levels of its expressions; must be able to work in close harmony and communicate at all levels.

7. Sound understanding of MIF offerings and operations.

8. Ability to travel by plane and car as needed.